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2026-09-10 10:42:34 UTC

RWATimes on Nostr: 📰 U.S. Bank pilots USBDC stablecoin on Stellar 🗓️ Sep 10 2026 06:35 UTC U.S. ...

📰 U.S. Bank pilots USBDC stablecoin on Stellar
🗓️ Sep 10 2026 06:35 UTC

U.S. Bank completed a live USBDC payment on Stellar, testing cross-border settlement, minting, redemption, freezing and clawbacks.

➤ U.S. Bank successfully conducted a pilot cross-border payment using its proprietary dollar-backed stablecoin, USBDC, on the Stellar public blockchain.
➤ The pilot tested key functions like minting, redemption, freezing, and clawbacks, demonstrating the integration of the stablecoin with the bank's existing finance, risk, and compliance systems.
➤ While a significant step in exploring bank-issued stablecoins on public blockchains, USBDC remains a closed pilot asset, with future public access and commercial rollout yet to be determined.

#usbdc #usbank #stellar #stablecoin #crossborderpayment #digitalassetplatform #pilot #blockchain #institutional #settlement

🔗 Read more at: https://rwatimes.io/articles/coinmarketcap-u-s-bank-pilots-usbdc-stablecoin-on-stellar-2487638589